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Welcome to your new home in the Town of Barrington where the Public Schools have a Blue Ribbon Schools of excellence designation. Whether you need these services or not, there is value. This quiet and peaceful tucked in neighborhood is still close to all amenities and is only 10 miles from Providence. This home has had only one tenant since it was remodeled 6 years ago. The largest bedroom fits a king-size bed. The 2nd and 3rd bedrooms are spacious enough for twin or full size beds. Or, they could be useful as a 'work from home office' or extra space. The bathroom has a cabinet sink, tiled shower and tub with tiled flooring. The laundry is just outside the bath behind double doors. The neutral tones are appealing to almost any palette. The white kitchen cabinets and stainless steel appliances are attractive, and also has a convenient built-in desk. The open concept wraps around to the large dining area that blends into the mantled fire-placed living room. The home is sunny, light, and bright. This property offers an attached 1 car garage driveway with parking for 2 cars in the driveway. There is extra storage and a workbench in the garage. The spacious fenced in backyard has a deck and shed.
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William Raveis Real Estate
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Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,523 | $2,622 | $3,342 |
Total Monthly Payment | $3,116 | $3,215 | $3,935 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.